Fed Soothing Markets?

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When the WSJ Online runs a headline like the one below, you can be pretty sure that whatever the Fed has done hasn’t soothed the markets. More soothing news at the Wall Street Journal Online.

When the Dow Drops, Expect a Flood of Fraud Claims

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Today, the DOW Jones Industrial Average temporarily fell 465 points, roughly 3.8% of Monday’s close.  When the market falls like this,  lots of shares will have sold at a loss, locking in investor “damages” equal to the original purchase price minus the sale price.  Company executives, boards and auditors should brace for impact as the […]

Scientific-Atlanta Off the (Private) Hook in Fraud Case

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The corporate defense bar should be smiling today. Yesterday, the U.S. Supreme Court declined to make it easier — not the same as “made it harder,” as some commentators may claim — for investors to get relief in federal securities fraud cases.